Second Meeting Of Creditors Of Company Under Administration

Bachmann Plant Hire Pty Ltd

ACN: 011056134

ABN: 79011056134

Holdings (Mrs) Pty Ltd

ACN: 616174442

Management Resource Solutions Pty Ltd

ACN: 128815501

ABN: 55128815501

Mrs Property No1 Pty Ltd

ACN: 625131866

Mrs Services Group Pty Ltd

ACN: 612588100

ABN: 77612588100

Published: 7/11/2019

The purpose of the meeting(s) is:

  1. to receive the report by the Administrator(s) about the business, property, affairs and financial circumstances of the Company(ies); and
  2. to receive a statement of Administrator(s) opinion and reasons for the opinion:
    1. whether it would be in the creditors ' interests for the Company(ies) to execute a deed of company arrangement;
    2. whether it would be in the creditors ' interests for the administration to end;
    3. whether it would be in the creditors ' interests for the company to be wound up;
  3. to receive a statement of such other information known to the administrator as will enable the creditors to make an informed decision about the matters at paragraphs 2(a) (c) above;
  4. to receive details of any transactions that appear to the Administrator(s) to be a voidable transaction in respect of which money, property, or other benefits may be recoverable by a liquidator under part 5.7B of the Act
  5. to receive details of any proposed deed of company arrangement; and
  6. for the creditors of the Company(ies) to resolve that:
    1. the Company(ies) execute a deed of company arrangement; or
    2. the administration(s) should end; or
    3. the Company(ies) be wound up.

Other agenda items are:

  1. to determine the remuneration of the administrator(s)
  2. to determine the future remuneration of the administrator(s)
  3. to determine the deed administrator(s) and or liquidator(s) future remuneration if appointed
  4. to consider the appointment of an alternative deed administrator(s) or liquidator(s)
  5. if the company is wound up, to consider the appointment of a committee of inspection and, if so, who are to be the committee members
  6. if the company is wound up to consider the early destruction of books and records
  7. any other business

That the second meetings of creditors Bachmann Plant Hire Pty Ltd, MRS Services Group Pty Ltd, MRS Property No1 Pty Ltd, Holdings (MRS) Pty Ltd and Management Resource Solutions Pty Ltd be held concurrently.



A Deed of Company Arrangement (?Deed?)/Creditors? Trust be executed by the Companies;



Pursuant to Section 477(2A) of the Corporations Act, to authorise the Liquidator(s) of the Companies to be able to compromise debts owed to the Companies in excess $100,000;



Pursuant to Section 477(2B) of the Corporations Act, to authorise the Liquidator(s) of the Companies to enter into any litigation funding facilities to pursue any legal actions including voidable and insolvent transactions arising from the liquidation of the Companies;

Jirsch Sutherland

E-mail: admin@jirschsutherland.com.au